{"id":1004765779,"date":"2025-07-22T04:11:46","date_gmt":"2025-07-22T12:11:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004765779"},"modified":"2025-07-22T04:11:48","modified_gmt":"2025-07-22T12:11:48","slug":"invesco-pays-82m-for-atlanta-area-retail-center","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/","title":{"rendered":"Invesco Pays $82M for Atlanta-Area Retail Center"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004765781\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/georgia-crossing-in-buford-ga-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg\" data-orig-size=\"6030,4527\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;5.6&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-7M4&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1613370700&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;75&quot;,&quot;iso&quot;:&quot;80&quot;,&quot;shutter_speed&quot;:&quot;0.00125&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Georgia Crossing in Buford, Ga.\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg?w=1024\" height=\"769\" width=\"1024\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg\" alt=\"Exterior shot of Georgia Crossing, a a 317,301-square-foot shopping center in Buford, Ga.\" class=\"wp-image-1004765781\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg 6030w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg?resize=768,577 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg?resize=1024,769 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg?resize=1536,1153 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg?resize=2048,1538 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Anchored by TJ Maxx, Home Goods and Target, Georgia Crossing is located in one of the most visited retail corridors in the state. <em>Image courtesy of JLL<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford, Ga. Washington Prime Group sold the asset for $82.3 million, in a transaction arranged by JLL.<\/p>\n\n\n\n<p>Completed in 1999 at 3205 Woodward Crossing Blvd., Georgia Crossing consists of six one-story buildings across a 30-acre site. The property has TJ Maxx, Home Goods and Target as anchor tenants on a roster that also includes Nordstrom Rack, Best Buy, Hobby Lobby, Staples, Cavender\u2019s, Ulta Beauty, CVS Pharmacy and Starbucks. The retail center was fully leased at the time of sale.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/retail-investment-sales-volume-rises\/\">Retail Investment Sales Volume Rises<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>The property is across from the 1.7 million-square-foot Mall of Georgia, the largest shopping center in the state. They are part of one of the most visited retail corridors in Georgia, boasting 21 million annual visits.<\/p>\n\n\n\n<p>Georgia Crossing is just off Buford Drive and Woodward Crossing Boulevard, which are transited by almost 140,000 vehicles daily. Major thoroughfares in the area include interstates 85 and 985, which connect the retail asset to downtown Atlanta, some 35 miles southwest. The shopping center serves a customer base with average household incomes of more than $135,000 per year.<\/p>\n\n\n\n<p>JLL Capital Markets Senior Managing Director Jim&nbsp;Hamilton, Managing Director Brad Buchanan and Director Andrew Kahn led the Investment Sales and Advisory team that represented the seller in the transaction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-atlanta-s-retail-sales-slow-down\">Atlanta&#8217;s retail sales slow down<\/h2>\n\n\n\n<p>In the first six months of the year, Atlanta&#8217;s retail market saw $261 million in investment sales, with 14 properties trading at approximately $150 per square foot, according to Yardi Research Data information. This marks a significant drop from the first two quarters of 2024, which registered a total of $456 million in sales, with 18 properties changing hands at $180 per square foot.<\/p>\n\n\n\n<p>In one of the second quarter&#8217;s transactions, CTO Realty Growth purchased a 559,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/cto-realty-grows-atlanta-footprint-with-80m-buy\/\">retail center in Newnan, Ga.<\/a>, for $79.8 million. The sale price was $10 million smaller than the one of its previous trade, in 2015.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The property was fully leased at the time of sale.<\/p>\n","protected":false},"author":3619,"featured_media":1004765781,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21783,21742,21749,32781],"tags":[33882,32796,34071],"class_list":["post-1004765779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-investment","category-latest","category-retail","category-southeast","tag-invesco-real-estate","tag-jll","tag-washington-prime-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Invesco Pays $82M for Atlanta-Area Retail Center - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford, Ga., for $82.3 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Invesco Pays $82M for Atlanta-Area Retail Center\" \/>\n<meta property=\"og:description\" content=\"Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford, Ga., for $82.3 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-22T12:11:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-22T12:11:48+00:00\" \/>\n<meta name=\"author\" content=\"Maria Maruta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/\",\"name\":\"Invesco Pays $82M for Atlanta-Area Retail Center - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg\",\"datePublished\":\"2025-07-22T12:11:46+00:00\",\"dateModified\":\"2025-07-22T12:11:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df\"},\"description\":\"Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford, Ga., for $82.3 million.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg\",\"width\":6030,\"height\":4527,\"caption\":\"Exterior shot of Georgia Crossing, a a 317,301-square-foot shopping center in Buford, Ga.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Invesco Pays $82M for Atlanta-Area Retail Center\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df\",\"name\":\"Maria Maruta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78\",\"caption\":\"Maria Maruta\"},\"description\":\"Maria Maruta is an Associate Editor with Multi-Housing News and Commercial Property Executive. Maria completed a Bachelor's in Art History and a Master's in Film Studies at the University of Groningen, The Netherlands. Currently, she writes commercial real estate news, particularly on the office, retail, coworking and self storage sectors. You may reach her at maria.maruta@cpe-mhn.com\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/maria-maruta\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Invesco Pays $82M for Atlanta-Area Retail Center - Commercial Property Executive","description":"Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford, Ga., for $82.3 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/","og_locale":"en_US","og_type":"article","og_title":"Invesco Pays $82M for Atlanta-Area Retail Center","og_description":"Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford, Ga., for $82.3 million.","og_url":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2025-07-22T12:11:46+00:00","article_modified_time":"2025-07-22T12:11:48+00:00","author":"Maria Maruta","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/","url":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/","name":"Invesco Pays $82M for Atlanta-Area Retail Center - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg","datePublished":"2025-07-22T12:11:46+00:00","dateModified":"2025-07-22T12:11:48+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df"},"description":"Invesco Real Estate has acquired Georgia Crossing, a 317,301-square-foot shopping center in Buford, Ga., for $82.3 million.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg","width":6030,"height":4527,"caption":"Exterior shot of Georgia Crossing, a a 317,301-square-foot shopping center in Buford, Ga."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/invesco-pays-82m-for-atlanta-area-retail-center\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Invesco Pays $82M for Atlanta-Area Retail Center"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/34bf2de3f952f3db52e303344f1799df","name":"Maria Maruta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/Maria_Maruta.jpeg?w=78","caption":"Maria Maruta"},"description":"Maria Maruta is an Associate Editor with Multi-Housing News and Commercial Property Executive. Maria completed a Bachelor's in Art History and a Master's in Film Studies at the University of Groningen, The Netherlands. Currently, she writes commercial real estate news, particularly on the office, retail, coworking and self storage sectors. You may reach her at maria.maruta@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/maria-maruta\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/07\/Georgia-Crossing-in-Buford-Ga-edited.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004765779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3619"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004765779"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004765779\/revisions"}],"predecessor-version":[{"id":1004765852,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004765779\/revisions\/1004765852"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004765781"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004765779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004765779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004765779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}